Finance

L3Harris Technologies announced Tuesday that it has named Samir Mehta as new president of its Communication Systems segment. Mehta succeeds Dana Mehnert, who is retiring after 38 years with L3Harris. […]

L3Harris Technologies is selling its Visual Information Solutions (VIS) commercial geospatial technology and software business to engineering services company NV5 Global. NV5 announced the acquisition on Dec. 22 and did […]

From Satellite Executive of the Year, to new CEOs and signature deals, Via Satellite’s executive interviews provide an in-depth look into the biggest stories of the year. Here is a […]

Via Satellite will not publish the Daily News Feed next week. See you on January 3!

L3Harris Technologies on Tuesday said it has received all U.S. and international regulatory approvals for its pending acquisition of the tactical data link product line from Viasat, with the deal now […]

Telesat has appointed Philip Harlow as president of Telesat Government Solutions, the company’s subsidiary that provides satellite solutions to the U.S. government and allied nations.  He will replace Tom Eaton, […]

The satellite industry in 2022 was marked by consolidation and partnerships, as companies across the value chain look to boost their market position and become a greater part of the […]

Nearly a year after the collapse of a proposed deal by Lockheed Martin to buy engine and rocket maker Aerojet Rocketdyne, the only independent supplier of tactical rocket motors and engines for […]

Maxar Technologies on Friday said it has agreed to be acquired by the private equity firm Advent International for about $4 billion in cash, a $53 per share price that […]

It has been quite a year for the satellite industry. There have been deals aplenty and the industry is looking forward to an exciting 2023. However, to end the year, […]

Planet Labs closed out its third quarter of fiscal year 2023 with $49.7 million in revenue, up 57% year-over-year. Planet, which sells satellite imagery and geospatial solutions, is in its […]

NewSpace Capital closed its first space-focused growth fund at 105 million euros ($111.8 million) and is investing 15 million euros ($16 million) in Cailabs, the company announced Dec. 15. NewSpace […]

Arqit Quantum is canceling its plans to build quantum satellites, announcing Wednesday its software technology has progressed and it no longer needed its own in-space assets. Arqit, based in the […]

Prime Movers Lab is investing $15 million into Quantum Space (Quantum), the two companies announced Dec. 13. The investment enables Quantum to begin expanding QuantumNet, a cornerstone project aimed to […]

Euroconsult estimates that more than 2,500 satellites will be launched on average every year between now and 2031, driven by commercial constellations. The consulting firm released its flagship report, Satellites […]

SES Government Solutions has a new name. SES has revealed that it is changing the name to SES Space & Defense, a change in which it says reflects a new […]

Sidus Space is planning to expand to Europe by opening a new office in the Netherlands, the company announced Thursday. The company plans to expand its reach in the European […]

Slingshot Aerospace raised $40.85 million in an oversubscribed Series A2 funding round announced Tuesday, to grow and commercialize its space situational awareness capabilities.  CEO and co-founder Melanie Stricklan sees the […]

Defense Secretary Lloyd Austin on Dec. 1 established a new U.S. Department of Defense office charged with helping companies that are developing technologies critical to national security partner with private […]

Mangata Networks is to create a new space engineering, manufacturing, and operations hub in Scotland, the company announced Dec. 6. The company said it will create 575 new jobs in […]

Satellite startup E-Space announced a deal on Monday to acquire CommAgility from the Wireless Telecom Group, Inc. for $14.5 million.  E-Space said CommAgility is the largest stand-alone developer of embedded […]

OroraTech, a Munich-based startup working to monitor thermal data from space extended its Series A funding round with 15 million euros ($15.8 million) from private investors and public sector funding.  […]

Pradman Kaul is retiring from his role as president of Hughes Network Systems at the end of the year, after nearly 50 years with the company. Kaul is a longtime […]

This article is part of a new series, in which Via Satellite interviews people in the industry at different points of their careers, with a focus on career decisions-making, and […]

There is a new world order. People around the globe want, need – no, rather must have – data. And lots of it. Regardless of where you live, work or […]

Eutelsat has made another significant change to its management team appointing Christophe Caudrelier as its new chief financial officer. Eutelsat announced the appointment late last week. Caudrelier succeeds Sandrine Téran […]

Inmarsat reported $366.6 million in revenue for the third quarter of 2022, up 7% compared to the same time period last year. The satellite operator released third quarter financial results […]

Every year Via Satellite, the most trusted news source for the global satellite and space communities, recognizes excellence in the industry with the Satellite Executive of the Year and Satellite […]

Boeing on Thursday announced a consolidation and streamlining of its $26 billion defense unit, which has struggled with a slew of performance issues the past few years that have bled into […]

Yahsat has been a busy operator over the last few years. The company acquired Thuraya in a major move in the Middle East which gave it a more complete product […]